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Japanese Bank Taps DTCC for ITP Services

November 26, 2024 by FTF News

Japanese Bank Taps DTCC for ITP Services

Japanese firm Higo Bank is advancing the automation of its middle and back office systems via the implementation of the Depository Trust & Clearing Corp.’s Institutional Trade Processing (ITP) solutions, which will help the firm advance to no-touch processing across domestic and cross-border transactions, officials say. Higo Bank, a regional bank in Kumamoto Prefecture, will… Read More >>

Filed Under: Securities Operations, Affirmation, Allocation & Confirmation, Back Office, Data Management Tagged With: central matching, DTCC, Higo Bank, ITP, standing settlement instruction, stored settlement instructions

R3, Synechron to Build DLT-based KYC Solution

August 23, 2017 by Eugene Grygo

12 Banks Support Synechron-R3 Effort Consultancy Synechron and enterprise software vendor R3 are collaborating to provide a know your customer (KYC) solution based on distributed ledger technology (DLT), and the partnership has the support of 12 global banks. Described as one of the largest DLT projects of the year, the KYC solution being developed will… Read More >>

Filed Under: Derivatives Operations, Collateral & Margin Management, Derivatives Processing, Securities Operations, Buy-Side, Clearing, Middle-Office, Ops Automation, Settlement, FinTech Trends, Back-Office, Blockchain/DLT, Standards, KYC, Regulation & Compliance, Regulatory Compliance, Regulatory Reporting Tagged With: CloudMargin, distributed ledger technology (DLT), DTCC-Euroclear Global Collateral, IHS Markit, know your customer (KYC), KYC, Margin Transit Utility (MTU), MiFID II, OTC derivatives, R3, RTS 28, stored settlement instructions, Synechron

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